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  1. How Trump's import taxes are impacting global commerce | AP …

    5 days ago · Effective US tariff rate A key number for the overall impact of tariffs on U.S. consumers and businesses is the “effective” tariff rate — which, unlike headline figures …

  2. Trump's tariffs actually slashed the deficit from a record ... - Fortune

    5 days ago · A key number for the overall impact of tariffs on U.S. consumers and businesses is the “effective” tariff rate — which, unlike headline figures imposed by Trump for specific trade …

  3. The Economic Implications of Tariff Increases

    Jul 14, 2025 · Recent increases and proposed additional changes to tariffs on U.S. imports from these and other countries have the potential to significantly affect both domestic economic …

  4. Trump overturned decades of US trade policy in 2025. See the impact

    5 days ago · See the impact of his tariffs, in four charts His double-digit taxes on imports from almost every country have disrupted global commerce and strained the budgets of consumers …

  5. How Will Tariffs Affect the US Economy? | GovFacts

    Dec 5, 2025 · Tariffs function by driving a “wedge” between what foreign producers receive and what domestic consumers pay. By artificially raising import prices, tariffs make domestically …

  6. The Fed - Trade-offs of Higher U.S. Tariffs: GDP, Revenues, and …

    Jul 7, 2025 · We also show that the impact on the U.S. economy depends on the scope of tariffs and the extent of the trade deficit reduction. A tariff on Chinese imports alone has minimal …

  7. The Economic Effects of President Trump’s Tariffs

    Apr 10, 2025 · Summary: Many trade models fail to capture the full harm of tariffs. PWBM projects Trump’s tariffs (April 8, 2025) will reduce long-run GDP by about 6% and wages by 5%. A …

  8. US Tariffs: What’s the Impact? | J.P. Morgan Global Research

    Dec 5, 2025 · Read the latest on U.S. tariffs and their impact on consumers, markets, and the global economy. Bookmark this page for regular updates and analysis from J.P. Morgan …

  9. Where We Stand: The Fiscal, Economic, and Distributional Effects …

    All tariffs to date in 2025 raise $3.1 trillion, including the effect of retaliation to date, with $582 billion in negative dynamic revenue effects.

  10. As Trump's tariffs take shape, is America really winning? - NPR

    Aug 4, 2025 · Tariffs are sparking intense uncertainty in the U.S. and around the world — and it's yet unclear how it will all end. Here are five points that explain the effects of tariffs, from Main...